Mizuho Financial Group inc. (MFG) Trading Down 0.9%
Shares of Mizuho Financial Group inc. (NYSE:MFG) were down 0.9% on Friday . The company traded as low as $3.48 and last traded at $3.49, with a volume of 77,150 shares trading hands. The stock had previously closed at $3.52.
A number of analysts recently weighed in on MFG shares. Zacks Investment Research cut shares of Mizuho Financial Group inc. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. JPMorgan Chase & Co. started coverage on shares of Mizuho Financial Group inc. in a research note on Wednesday, July 6th. They issued an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Mizuho Financial Group inc. has a consensus rating of “Hold” and an average target price of $3.50.
The stock has a market cap of $44.19 billion and a PE ratio of 6.96. The firm has a 50 day moving average of $3.23 and a 200 day moving average of $3.07.
Mizuho Financial Group, Inc is a provider of domestic and international financial services in Japan and other countries. The Company is engaged in banking, trust banking, securities and other businesses related to financial services through its subsidiaries and affiliates. The Company has four segments: Mizuho Bank, Ltd., which offers a range of financial products and services in relation to deposits, lending and exchange settlement to individuals, small and medium enterprises, large corporations, financial institutions, public sector entities and foreign corporations, including foreign subsidiaries of Japanese corporations; Mizuho Trust & Banking Co, Ltd., which offers trust-related products and consulting services; Mizuho Securities Co, Ltd., which offers securities services to corporations, financial institutions, public sector entities and individuals, and Others, which include Trust & Custody Services Bank, Ltd., Mizuho Capital Co, Ltd.
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